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News from 2019-04-24 / KfW Research

KfW Credit Market Outlook March 2019

Bank loans were still in demand among German businesses and self-employed persons in the final quarter of 2018. At the end of the year the corporate loan market was, as expected, quieter than in the summer but new credit business, as estimated by KfW Research, expanded by 6.6% on the previous year at still above-average speed.

The slowdown of economic growth and increasing pessimism within companies will likely be increasingly reflected on the credit market in the next few months. We therefore expect the momentum in lending to slow down. The incentives generated by low interest rates and favourable financing conditions should, however, allow us to see further growth.

KfW Credit Market Outlook March 2019

Press release

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